Healthcare during the COVID-19 pandemic has undeniably seen some of its most significant changes. The growth of digital health was a silver lining, and enterprise IT solution providers and telehealth vendors saw tremendous growth during this time. They will continue to see the same in the coming years. Digital health continued to have a winning streak with some of the biggest deals seen in healthcare. The virtual care story continued as the impact of COVID-19 lingered, long COVID-19 cases were observed, and new variants emerged. The focus on the cloud, platform wars, and repositioning were key themes as companies dive deeper into becoming all-inclusive digital health providers.
Digital health has become one of the most widely used terms associated with the clinical workflows and business processes critical to improving patient outcomes and the financial performance of the healthcare industry. The Digital Health program at Frost & Sullivan is a leading source of information about digital health technology and services, notable providers, and growth prospects for all healthcare stakeholders. The program offers expert coverage of digital health today as well as a visionary view of the likely future state of connected health. This benefit supports the needs of clients who must create strategic plans that anticipate (and ensure that they will meet or exceed) tomorrow’s parameters of success.
Frost & Sullivan’s expertise in digital health research and consulting includes work in the strategic and operational areas of population health management, artificial intelligence, data analytics, cloud, robotics, the internet of medical things, telehealth, data workflow solutions, regulations, and cybersecurity. The analyst team has identified the 10 growth opportunities in the digital health industry that are expected to have a strong impact in 2023 and beyond.
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